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Feb 18, 2013
02/13
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KTVU
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ceiling and the fiscal cliff usually we put it off but this is one i think that will cause tremendous damage and the -- >> $85 billion. >> with the congress gone for a week when do they have time to negotiate. >> $85 billion in a $3.5 trillion budget. >> and -- >> it will hurt the economy. >> if you lose your job i think it hurts you, don't you think. >> fundamentally, the debt we have at the moment is the bigger problem for the economy and job creation. the president -- >> chris: let me bring karl in here. one, to talk about the sequester and also, in a bigger sense, look at the president's state of the union speech and agenda he laid out and what does it tell us what he wants to do in his second term. >> spend a lot of money and pursue a lot of liberal social policies and also says he's out of touch with the reality of where the country is, the democrats spent the last week going around and saying we don't have a spending problem and on the fox poll 83% of the american people say we have a spending problem, i agree with kim, $85 billion cut is a 2.4% cut, roughly out of this year's
ceiling and the fiscal cliff usually we put it off but this is one i think that will cause tremendous damage and the -- >> $85 billion. >> with the congress gone for a week when do they have time to negotiate. >> $85 billion in a $3.5 trillion budget. >> and -- >> it will hurt the economy. >> if you lose your job i think it hurts you, don't you think. >> fundamentally, the debt we have at the moment is the bigger problem for the economy and job...
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Feb 22, 2013
02/13
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KRCB
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>> the debt ceiling represents the equivalent of a massive fiscal heart attack. >> after the fiscal cliff... >> do you solemnly swear... >> extremely ideological people who have never governed are now in the congress. >> and when we first got here, we were patted on the back and said, "great, the cavalry has arrived." >> another crisis to come. >> deal-making is not part of the program of conviction politics. >> enough is enough. you will not spend another dime, you will not put us in hock. >> this is now one week from d-day. there's no deal. >> the fiscal cliff is a fiscal suicide vest. the whole place is going to blow up. >> frontline investigates the ongoing battle. >> throw the country into default. >> political armageddon >>what's the word, "madness?" >>tonight on frontline "cliffhanger" frontline is made possible by contributions to your pbs station from viewers like you. and by the corporation for public broadcasting. major support for frontline is provided by the john d. and catherine t. macarthur foundation, committed to building a more just, verdant and peaceful world. more info
>> the debt ceiling represents the equivalent of a massive fiscal heart attack. >> after the fiscal cliff... >> do you solemnly swear... >> extremely ideological people who have never governed are now in the congress. >> and when we first got here, we were patted on the back and said, "great, the cavalry has arrived." >> another crisis to come. >> deal-making is not part of the program of conviction politics. >> enough is enough. you...
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Feb 20, 2013
02/13
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MSNBCW
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cliff, debt ceiling and now sequester, they don't have to get anything done, even when they put the guillotine over their own necks to get something done, they still won't get anything done. is that why glenn beck doesn't like chris christie anymore? >> jonathan, krystal and nia-malicka, thank you. coming up the vice president loads both barrels. >>> first off, the chinese have hacked my blackberry. i can't open up any of my e-mails. they're sitting here being held hostage. i click on them and they don't open. oh, yeah, i could have put the back on first. [ male announcer ] when ziggy the cat appeared at their door, he opened up jake's very private world. at first, jake's family thought they saved ziggy, but his connection with jake has been a lifesaver. for a love this strong, his family only feeds him iams. compared to other leading brands, it has 50% more animal protein... ...to help keep ziggy's body as strong as a love that reaches further than anyone's words. iams. keep love strong. ♪ they hatin' ♪ patrolling they tryin' to catch me ridin' dirty ♪ ♪ tryin' to catch me
cliff, debt ceiling and now sequester, they don't have to get anything done, even when they put the guillotine over their own necks to get something done, they still won't get anything done. is that why glenn beck doesn't like chris christie anymore? >> jonathan, krystal and nia-malicka, thank you. coming up the vice president loads both barrels. >>> first off, the chinese have hacked my blackberry. i can't open up any of my e-mails. they're sitting here being held hostage. i...
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Feb 22, 2013
02/13
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FBC
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we heard it in the debt ceiling debate. we heard it in the run-up to the fiscal cliff. remember this threaduring the debt ceiling debate back in the summer of 2011? i cannot guarantee that those checks go out on august 3rd if we have not resolve this issue because there may simply not be the money in the coffers to do it. this is not just a matter of social security checks, veterans' check folks on disability and their checks. about 70 million checks that go out. lou: more recently in the linda congressional session in the fiscal. >> debate, president obama issued his threat. >> what has been holding us back is the dysfunction here in washington. and if people start seeing that on january 1st this problem still has not been solved. if they save that people's taxes have gone up, which means consumer spending is going to be depressed, then obviously that will have an adverse reaction on the markets. lou: and, of course, that is exactly what has transpired as we now approach the onset of sequestered. took a long time, but president obama today finally reach out to the repu
we heard it in the debt ceiling debate. we heard it in the run-up to the fiscal cliff. remember this threaduring the debt ceiling debate back in the summer of 2011? i cannot guarantee that those checks go out on august 3rd if we have not resolve this issue because there may simply not be the money in the coffers to do it. this is not just a matter of social security checks, veterans' check folks on disability and their checks. about 70 million checks that go out. lou: more recently in the linda...
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Feb 20, 2013
02/13
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CSPAN
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another thing that is talked about is this is not the same as the fiscal cliff for the debt ceiling where the next day everybody's taxes are going to go up. these budget cuts would happen over time, and a lot of the furloughs would not happen for a month or two months. the next, big budget deadline is march 27, when the continuing resolution will expire, and meeting the will shut down if there is not a budget deal reached by march 27. there is talk of a sequestration deal being rolled into that so that march 27 might be the next deadline to look at. host: poco -- "the new york times" has this story -- "dire forecast on effective budget cuts." here is bloomberg businessweek looking at a reboot for the simpson-bowles plan. are we hearing anything new from them and what has the reaction been? guest: what is interesting is we have not had a ton of reaction from both sides. here is generally what their plan looks like -- 2.4 trillion dollars over the course of 10 years. that is scaled back. their other big deficit commission was around $4 trillion. one quarter of that would come from medicare
another thing that is talked about is this is not the same as the fiscal cliff for the debt ceiling where the next day everybody's taxes are going to go up. these budget cuts would happen over time, and a lot of the furloughs would not happen for a month or two months. the next, big budget deadline is march 27, when the continuing resolution will expire, and meeting the will shut down if there is not a budget deal reached by march 27. there is talk of a sequestration deal being rolled into that...
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Feb 18, 2013
02/13
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MSNBC
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it was in the end game on the fiscal -- on the debt ceiling negotiations in 2011. literally july 27th, 2:30 in the afternoon, jack lew, who's in the white house chief of staff, rob neighbors, the head of congressional relations for president obama, went to see harry reid and proposed sequester. of course, everyone signed up to it, but it was designed to not happen. the cuts were perceived to be so draconian in domestic policy and in defense issues that no one would ever let this happen. it was the super committee, as you may remember, that was supposed to come up with more rational budget cuts. they failed. so we're stuck with -- it's kind of like being on a cruise ship with no power. >> where you have the captain and crew fighting each other and going around in circles. i don't get this, bob. you write this book about how the president and congress talk past each other. we have an election. we hear they might start talking together in a more positive sense. yet, here we have a situation that the defense industry hates, that advocates for the poor hate, that econom
it was in the end game on the fiscal -- on the debt ceiling negotiations in 2011. literally july 27th, 2:30 in the afternoon, jack lew, who's in the white house chief of staff, rob neighbors, the head of congressional relations for president obama, went to see harry reid and proposed sequester. of course, everyone signed up to it, but it was designed to not happen. the cuts were perceived to be so draconian in domestic policy and in defense issues that no one would ever let this happen. it was...
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Feb 18, 2013
02/13
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WBFF
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. -3& 3 remember all thh alk about the debt ceiling ann the fiscal cliff?now there's a new phrrse coming ut of wwshiigton: "sequustration." && nd in less than two weekks that ord ould impact your life. 3 emmly schmidt joins us live - mooe. 3 1) what are the chances congrrss willlreach a deal the 3 chances congress will reach a deal to avvod sequestration?? 332) how id we get to the idea of ssquestration in the first plaae? 3 coming up... try it before you buy it.where you can go for a -3 free demo offthe hottest new -3&pexercise trend... ii our craze is sweepinn the nation. nation.original arlee shake nats nats 3 we show you what happees when some universiiy offmaryland watching fox 45 morning news.. - all locall. ll morning. 3& (((pat))move ooer gangnam style..there's new ppenomenonncandace is here 3 shake and it's popularity ago, few peoole had ever heard & of the "harlem shake,"...herr's what it'' alll about 3 harlem shake nats nats 3 the harlem shake was released last ay. the track has gone virall with aboot 10 million views.this weekend.. it climbed al
. -3& 3 remember all thh alk about the debt ceiling ann the fiscal cliff?now there's a new phrrse coming ut of wwshiigton: "sequustration." && nd in less than two weekks that ord ould impact your life. 3 emmly schmidt joins us live - mooe. 3 1) what are the chances congrrss willlreach a deal the 3 chances congress will reach a deal to avvod sequestration?? 332) how id we get to the idea of ssquestration in the first plaae? 3 coming up... try it before you buy it.where you...
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Feb 24, 2013
02/13
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CNN
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okay, so, anna, first we had the debt ceiling. then we had the fiscal cliff, now we have this sequestration, which is really forced budget cuts. doesn't matter what you call it. it's the third time that the sky is falling. when are people going to stop believing that the sky is falling or top the sky from falling and vote in new people? >> i think the american people have stopped believing the sky is falling already. i see a lot less anxiety and sense a lot less anxiety about this than we had during the fiscal cliff. look, don, this has become like a bad halloween movie. jason never dies. he comes back and comes back and comes back and every time the movie is worse. it really has shown tremendous lack of responsibility. you know, the president came up with this idea, he doesn't want to take ownership, the republicans, the congress passed it. they don't want to take ownership and now it is everybody's problem. but we cannot be having on the -- you know, being on the verge of a nervous break down -- >> every couple months. >> -- eve
okay, so, anna, first we had the debt ceiling. then we had the fiscal cliff, now we have this sequestration, which is really forced budget cuts. doesn't matter what you call it. it's the third time that the sky is falling. when are people going to stop believing that the sky is falling or top the sky from falling and vote in new people? >> i think the american people have stopped believing the sky is falling already. i see a lot less anxiety and sense a lot less anxiety about this than we...
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Feb 23, 2013
02/13
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MSNBCW
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cliff, the debt ceiling and the sequester, the misinformation campaign has worked. a bloomberg poll on the size of america's budget deficit shows 62% of americans think the deficit is getting bigger. 28% of americans think that it's staying the same. and get this number, only 6% agree with the truth. my friends, the deficit is shrinking. the congressional budget office says the deficit is down to $845 billion. it is projected to be $600 billion less than when the president took office. americans need to break out of this misinformation loop, don't you think? if they want to listen to a republican, maybe they should try listening to outgoing transportation secretary ray lahood. he spoke about the sequester consequences today, including the loss of 100 air traffic controllers. >> this requires compromise. this requires republicans stepping forward with some ideas about how to keep essential services of government running at the level that people have been accustomed to. this is not rocket science. >> well, it's not rocket science. but, folks, it is just as serious. ge
cliff, the debt ceiling and the sequester, the misinformation campaign has worked. a bloomberg poll on the size of america's budget deficit shows 62% of americans think the deficit is getting bigger. 28% of americans think that it's staying the same. and get this number, only 6% agree with the truth. my friends, the deficit is shrinking. the congressional budget office says the deficit is down to $845 billion. it is projected to be $600 billion less than when the president took office....
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Feb 24, 2013
02/13
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MSNBCW
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in august 2011 it was the debt ceiling and then the fiscal cliff. these things were averted with short term solutions. this particular solution, this sequestration allows both sides to have the melt down that they have been jockeying for and it is less impactful than a government shut down and probably less than breaching the debt ceiling. it is a managed risk here. i don't know that i agree with senator coburn that it is an entirely made up problem but i do think that it is something that is less impactful than a lot of the other fiscal debates that we have had. >> as is frequently the case in washington, d.c. the blame game. bob woodward writing the automatic spending cuts were initiated by the white house. his colleague declined writing he disagrees saying the sequester was appunt. the point was to give both sides a face-saving way to raise the debt ceiling even though the tax issue was stopping them from agreeing to a deficit deal. why at this point is the pointing of the finger so important? >> because when the pain comes somebody is going to w
in august 2011 it was the debt ceiling and then the fiscal cliff. these things were averted with short term solutions. this particular solution, this sequestration allows both sides to have the melt down that they have been jockeying for and it is less impactful than a government shut down and probably less than breaching the debt ceiling. it is a managed risk here. i don't know that i agree with senator coburn that it is an entirely made up problem but i do think that it is something that is...
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Feb 23, 2013
02/13
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. >> now, when it came to negotiations on the debt ceiling deal those came down to the wire. we saw the same thing with the fiscal cliff that didn't get resolved until after the deadline had passed and the sequester was supposed to take effect in january, but it got pushed to march. i have to ask you as a member of congress, why does congress put everything to the last minute, right down to the wire. is there a procedural reason for that? a tactical reason? >> it's like poker. you wait until you get the last card in order to find out whether you think you can win or not and then you normally assess what happens if you lose. but when you have a handful of people that can't lose and they want to win and if they stop government they've won and they don't feel the pain like it's their mom or their kids that are losing. they believe that their conservatism is enough to be a patriot to bring their own party down, but to bring the country down with it. and so i heard you say that we'll do this over and over again until people are numb, but even with russian roulette, there is a live
. >> now, when it came to negotiations on the debt ceiling deal those came down to the wire. we saw the same thing with the fiscal cliff that didn't get resolved until after the deadline had passed and the sequester was supposed to take effect in january, but it got pushed to march. i have to ask you as a member of congress, why does congress put everything to the last minute, right down to the wire. is there a procedural reason for that? a tactical reason? >> it's like poker. you...
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Feb 20, 2013
02/13
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CNBC
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ceiling and other continuing resolution and other aspects of the federal fiscal situation which are very concerning and we think pose not only near-term threats to the travel business, but longer term threats to the economy if our political leaders can't get to an agreement. >> it shouldn't be this way. you are picking up in your industry from the brutality of the 2007-2008 downturn. you don't have supply for hotel rooms coming onstream. you should have really good pricing power at the moment. i see that in your negotiations for corporate customers, you expect to increase your room rates by high single digits. are you happy with that or had you hoped for more? >> no, i think -- the frustrating thing about this political situation in washington is business is really good and there are so many aspects of our economy which are not only good for our business, but show broad recovery. so our comp sales growth were up 8% in the month of january and we feel really good about the way that the year has started, which makes this doubly frustrating. the sequestration is a sign of the failure o
ceiling and other continuing resolution and other aspects of the federal fiscal situation which are very concerning and we think pose not only near-term threats to the travel business, but longer term threats to the economy if our political leaders can't get to an agreement. >> it shouldn't be this way. you are picking up in your industry from the brutality of the 2007-2008 downturn. you don't have supply for hotel rooms coming onstream. you should have really good pricing power at the...
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Feb 20, 2013
02/13
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MSNBC
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and remember, we also have the issue of funding the government and the debt ceiling fight coming up again in may. so there's a lot of uncertainty around fiscal policy, around government contracting of all kinds. so it's going to be a sort of rolling snowball effect, i might call it, where it gets bigger and bigger. and by may this may be the only thing we're talking about. >> richard, one could wonder at this point, what was the point of setting the sequester limit if now we're just figuring out ways to come up with a new deal? this was supposed to be the deal. this was supposed to be the thing that forced action. >> right. >> what was the point of it if we're not going to enforce it? >> that's a very good question. what was the point of it? the point of it was that people had crawled out on a limb, and they needed to come off it somehow. the very people who crawled out on that limb are now saying, how did we ever get here? you made me do it. it is ridiculous. and unfortunately, you know, what's that hillary clinton line that she used to use? the definition of madness is doing the same th
and remember, we also have the issue of funding the government and the debt ceiling fight coming up again in may. so there's a lot of uncertainty around fiscal policy, around government contracting of all kinds. so it's going to be a sort of rolling snowball effect, i might call it, where it gets bigger and bigger. and by may this may be the only thing we're talking about. >> richard, one could wonder at this point, what was the point of setting the sequester limit if now we're just...